Moody's explains cautious approach to Greek credit rating upgrade
PDMA readies bond schedule for 2019, with eye on prepayment of IMF loans
Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Greek economy braced for impact from Brexit, hopes effect will be limited
The impact of the UK referendum on Greece will be rather small and limited, Bank of Greece (BoG) sources said on Friday after the majority of British voters backed “Leave,” raising questions about what effect this could have on the Greek economy in the months to come.
According to the central bank, capital controls provide a shield for the domestic economy, at least in the short-term. The same sources added that negative impact on markets and tourism is expected to be only temporary.
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